UK households will pay slightly higher energy bills in the first quarter of 2026 after energy market regulator Ofgem on Friday raised the Energy Price Cap by 0.2%, against expectations of a 1% drop. The UK has a so-called Energy Price Cap in place, which protects households from excessively high bills by capping the price that energy utility providers can pass on to them. Energy bills in Britain have declined from the record highs in 2022 and 2023, but they are still about 35% higher compared to before the Russian invasion of Ukraine…